YEARLY HIGH
0.6531 GEL
YEARLY LOW
0.5831 GEL
YEARLY AVERAGE
0.6161 GEL

2018 MYR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MYR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.6531. Conversely, the yearly low was recorded on November 14, dropping to 0.5831.

This high-to-low spread represents a total annual volatility of 0.0700 GEL. From a start-to-finish perspective, comparing the January average rate of 0.6467 to the December average rate of 0.6382, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6531 was down 1.97% compared to the 2017 peak of 0.6663, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 13,063 GEL
2017 Average 11,635 GEL
Yearly Trough Low 11,662 GEL
Transaction Impact: A difference of 1,400.79 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6525
0.5827
JanuMarcMayJulySeptNove

MYR to GEL Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.6268, compared to 0.6054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 0.6268
H2 Avg (Jul–Dec) 0.6054

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0539 GEL (High: 0.6370 / Low: 0.5831). On the other end, July was the most stable month, with a tight range of 0.0060 GEL (High: 0.6079 / Low: 0.6019).

November Spread (Volatile) ±0.0539
July Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0181 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.6467) against the same month in 2017 (average: 0.6050), the exchange rate shifted by +0.0417 (+6.90%).

2018 Avg (January) 0.6467
2017 Avg (January) 0.6050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6531 0.6363 0.6467
February 0.6355 0.6171 0.6286
March 0.6322 0.6226 0.6267
April 0.6316 0.6242 0.6271
May 0.6256 0.6042 0.6180
June 0.6201 0.6067 0.6139
July 0.6079 0.6019 0.6046
August 0.6059 0.5970 0.6029
September 0.6023 0.5892 0.5935
October 0.5917 0.5848 0.5886
November 0.6370 0.5831 0.6050
December 0.6485 0.6332 0.6382